Re: Would I qualify for a mortgage? Information included.

You might want to calculate your back-end DTI ratio by estimating the PITI payments plus the monthly obligations you listed. A lot of lenders want this DTI below 36% unless there are compensating factors.

Re: Would I qualify for a mortgage? Information included.

+1 My broker was willing to go to 55% back end with FHA, but I wound up coming in right at 50%. I had strong compensating factors as well, including income from other sources that couldn't be counted (not court-ordered).

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